Municipal Portfolio Manager-Investment Management Group

Rockland Trust - Investment Management Group (IMG)

Location: North Shore, MA (with coverage across Massachusetts and Southern New Hampshire)

Rockland Trust Company's fast-growing Investment Management Group (IMG), with approximately $9B in assets under advisement, is seeking a motivated and collaborative Portfolio Manager to join our team. This position is ideal for an investment professional who is eager utilize their portfolio management skills while working closely with senior investment leaders in a highly supportive, team-based environment.

As a Portfolio Manager, you will partner with Relationship Managers and other internal specialists to deliver a seamless and integrated investment management experience to municipalities and other governmental and quasi-governmental entities. Additionally, this role will play a meaningful part in relationships with our municipal/government clients, ensuring consistent, responsive service and alignment with their investment guidelines and needs.

The role combines hands-on portfolio management with meaningful exposure to client relationship management and the broader investment process.

Key Responsibilities

• Manage portfolios for a group of municipal/government clients in compliance with their specific Investment Policy Statements and any regulatory constraints.
• Actively involved in equity and fixed-income security selection, asset allocation decisions, and investment manager due diligence.
• Build new portfolios, invest new cash, raise liquidity, and regularly rebalance portfolios to target asset allocations.
• Monitor daily cash positions, overdrafts, and uninvested balances; coordinate appropriate actions.
• Work across a variety of systems to implement investment models that may include individual equities, fixed income securities, and funds.
• Participate in client meetings supporting municipal/government client relationships through clear communication, portfolio updates and service coordination.
• Maintain proactive communication with municipal/government clients to ensure portfolios remain aligned with guidelines, liquidity needs and policy requirements.
• Build strong working relationships with Relationship Managers and other internal partners to deliver coordinated, client-centered service.
• Review client and prospect materials, reporting packages, and data for clients, prospects, actuaries, audits, and planning discussions.
• Serve as a trusted resource for investment-related questions and analysis within the broader IMG team.
• Engage with the broader IMG Investment Team to support research initiatives, model portfolio development, and committee discussions.
• Maintain accurate documentation of portfolio decisions, client interactions, and investment rationales.

Qualifications

Required

• Minimum 10+ years of experience in portfolio management, investment management, wealth management, or a related analytical/investment role.
• Bachelor's degree in Finance, Economics, Business, or a related field.
• Strong analytical skills, exceptional attention to detail, and the ability to manage multiple priorities.
• Excellent verbal and written communication skills with the ability to explain complex concepts clearly.
• Demonstrated ability to work collaboratively in a team-based environment.

Preferred

• CFA designation, MBA, or CFP preferred.
• Experience with investment platforms such as Bloomberg, FactSet, Morningstar, TradeWeb, MarketAxess, Moxy, or SEI Strategy Manager.
• Broad knowledge of finance, accounting, and economics.
• Strong organizational and presentation skills with proven follow-through.

Personal Attributes

• Ethical, dependable, intellectually curious, and committed to serving clients as a fiduciary.
• Highly organized with strong problem-solving skills and the ability to identify and resolve discrepancies with minimal supervision.
• A team player who thrives in a collaborative, client-first culture.

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions